Phil Jones, chairman and chief executive of Hemiphon, is in no doubt as to why the workforce management company has listed on the Frankfurt Stock Exchange, putting it down to “speed to market and cost”.
Webster-Smith, who spoke exclusively with BusinessDay, noted that the LSE currently hosts a lot of Africa-focused companies, including three Nigerian related companies such as Guaranty Trust Bank plc, Diamond Bank plc, and Afren.
A spokesman for the cooperatively-owned bank said on Friday it was reviewing "strategic options" for fund management arm Robeco, confirming a Dutch media report, but declining to comment on any of the details.
First-round offers were due by Tuesday, one source said, although none were in a position to comment on a report that the auction for the asset management arm of Franco-Belgian bank Dexia SA could fetch as much as €750 million ($992 million).
RBC Dexia also took top spot in all three overall (unweighted) regional tables: Best Custodian Overall - EMEA, Best Custodian Overall - Americas, and Best Custodian Overall - Asia Pacific.
LCH announced Tuesday, April 24, that it will buy Nasdaq OMX Group Inc.'s majority stake in IDCG and in return give Nasdaq a stake in LCH. As of November 2010, that stake was roughly 80% of IDCG
The asset manager will target wealth managers, family offices, private banks, IFAs and institutional clients.
The two businesses complement each other well. Henderson Property possesses a strong international asset management platform, including a dedicated SGR platform in Italy, with significant access to the international investor market.